v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (3,227,711) $ (3,040,539)
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Employee stock-based compensation 1,725,053 1,788,375
Non-employee stock-based compensation 51,533
Depreciation expense 272 240
Changes in operating assets and liabilities:    
Prepaid expenses (4,075,159) (146,448)
Other current assets 664,000
Accounts payable 21,693
Accrued expenses 41,416 (135,275)
Contract liability 9,029,272
Other current liabilities 1,085,364 (219,370)
Net cash provided by (used in) operating activities 4,651,733 (1,089,017)
Cash flows from investing activities:    
Purchase of property and equipment (459)
Net cash used in investing activities (459)
Cash flows from financing activities:    
Issuance of common stock 642,000 1,398,400
Payments on insurance premium financing payable (62,500)
Net cash provided by financing activities 579,500 1,398,400
Effect of foreign currency translation on cash 1,896
Net change in cash and cash equivalents 5,233,129 308,924
Cash and cash equivalents, beginning of period 372,718 427,722
Cash and cash equivalents, end of period 5,605,847 736,646
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,593
Supplemental disclosures of non-cash investing and financing activities:    
Insurance premiums financed with issuance of a liability $ 112,500